Somebody confused the card for the gum.....

[Exhibitman]

I think the seller is 'stretching' the definition of what PSA did to mislead those who are not familiar with PSA's grading standards. The sleeve is a rejection, not an authentication, just not for a reason where they charge you money. If the card was authenticated, it would be in a holder labeled Authentic or Authentic Altered:

N-0 Authentic Only - This means that PSA is only certifying that the item is genuine, without a numerical grade. This may be due to the existence of an alteration, one with malice or otherwise, a major defect or the original submitter may have requested that PSA encapsulate the card without a grade. The "Authentic" label means that the item, in our opinion, is real but nothing more.

AA Authentic Altered - This means that while PSA is certifying that the item is genuine, due to the existence of alterations, the item cannot receive a numerical grade. The term altered may mean that the card shows evidence of one or more of the following: trimming, recoloring, restoration, and/or cleaning. Items receiving the "Authentic Altered" designation, in our opinion, are genuine with the presence of some type of alteration. This is done on a case-by-case basis only, and must be notated on the submission form at the time of submission.